23 & 27 Mathew Street
Nambour, QLD 4560

Overview

Freehold Tenanted Investment with National Tenant on Long Term Lease

This property represents a rare opportunity to acquire two freehold commercial properties located in a single line at 23 and 27 Mathew Street, situated in the heart of Nambour's central business district on the Sunshine Coast. The properties are anchored by a reputable national tenant specializing in pump and irrigation services, providing a secure and long-term income stream.

The combined asset consists of two prominent freestanding buildings positioned strategically within one of the region's most central commercial precincts, offering excellent connectivity and accessibility throughout the Sunshine Coast area. The lease agreement is secured until 2029 with further options, ensuring long-term income stability backed by a tenant with strong local presence and national support.

These properties offer significant future flexibility and potential for value enhancement across the two titles, making this an exceptional investment opportunity. The combination of dual freehold titles, a secure lease profile, and a prime location within the Sunshine Coast's commercial hub is highly sought after and rarely available on the market.

Key Investment Highlights:

• Fully leased freestanding investment providing secure holding income.
• Two freehold titles offered together in one line.
• Leased to a nationally recognized operator in the pump and irrigation industry.
• Strong net income of $300,000 per annum across both properties.
• Long-term lease in place until 2029 with additional options available.
• Located within a Major Centre zoning, allowing for a variety of future uses.
• Prominent position within the Nambour CBD, enhancing visibility and accessibility.

Property Breakdown:

23 Mathew Street:

• Approximately 1,578 square meters of site area.
• Approximately 1,020 square meters of building area.
• Features a high-profile showroom and office space complemented by a substantial workshop and warehouse.
• Includes specialized facilities such as crane access, a paint booth, and fabrication capabilities.

27 Mathew Street:

• Approximately 696 square meters of site area.
• Approximately 430 square meters of building area spread over two levels.
• Comprises reception, office spaces, warehouse, and workshop areas including a pump test bay.
• The first floor includes a boardroom, eight offices, and amenities.

This tightly held, income-producing asset offers scale, security, and long-term growth potential within one of the Sunshine Coast's most strategic commercial precincts. The property is offered for sale by Expressions of Interest, with the closing date set for Thursday, 14 May at 4:00pm (AEST).

Location